KINGDON CAPITAL MANAGEMENT, L.L.C. — 13F Holdings & Portfolio

CIK 1000097 · latest 13F-HR filed 2026-08-14

KINGDON CAPITAL MANAGEMENT, L.L.C. manages $976.2M in 13F-reported U.S. long-equity assets across 74 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SOXX (8.53%), SNDX (5.60%), NVDA (4.92%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 20 new positions and exited 15; 23 existing positions rose in reported value and 10 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

AUM

$976.2M

Long-equity book

Holdings

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+20 / −15 / ↑23 / ↓10

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

SNDX7.4% · 0%NVDA6.5% · +20%WRBY4.6% · +7%APG3.4% · +33%KEYS3.3% · -12%NXE3.2% · 0%GRAL3.1% · new TSM2.9% · 0%ECG2.8% · 0%HIMS2.5% · new CART2.4% · -19%FLNC2.4% · new ILMN2.3% · new TDY2.2% · +43%HWM2.2% · -14%OLMA2.0% · +40%ISRG2.0% · new FLEX2.0% · -49%CGNX2.0% · +8%BFLY1.9% · new GTX1.8% · -46%CYTK1.8% · new BKD1.7% · -6%VSEC1.6% · -12%PWR1.6% · new ZVRA1.5% · 0%RAL1.5% · -40%FDX1.5% · new HEI1.4% · -25%TAN1.4% · new AER1.4% · -22%ITT1.3% · new BABA1.3% · +11%REAL1.3% · +103%VICR1.3% · +25%GE1.3% · new AHR1.2% · -42%ENTG1.2% · new CR1.2% · -33%GCO1.1% · 0%WWW1.1% · +11%AIR1.0% · -48%DAR1.0% · -29%DAL1.0% · new CRDO0.8% · -67%LION0.8% · new WELL0.8% · -50%ALDX0.8% · +23%FFIV0.7% · new IVA0.6% · new ELDN0.6% · 0%COMP0.4% · new CMPX0.4% · new NB0.3% · 0%SCYX0.1% · -88%JSPR0.1% · 0%NVNO0.1% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 39.7%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

Assets Under Management

$959.8M

Discretionary

$959.8M

Employees

Accounts

Address

152 WEST 57TH STREET
50TH FLOOR
NEW YORK, NY 10019-3308

Phone

(212) 333-0100

Website

WWW.KINGDON.COM

This firm reports 1 disclosure item on its registration.

Name	Title / Status	Ownership	Type
KINGDON, MARK, ELLIOT Control	MANAGING MEMBER/CHIEF EXECUTIVE OFFICER	75% or more	Individual
KINGDON, MARK, ELLIOT Control	SHAREHOLDER	75% or more	Individual
WALSH, WILLIAM, JOSEPH Control	CHIEF FINANCIAL OFFICER	Less than 5%	Individual
WEINSTEIN, RICHARD, HOWARD Control	CHIEF OPERATING OFFICER/GENERAL COUNSEL /CHIEF COMPLIANCE OFFICER	Less than 5%	Individual
KINGDON CAPITAL MANAGEMENT CORP.	OWNER	Less than 5%	Domestic Entity

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

NVIDIA CORPORATION$13.1M +37.7%
WARBY PARKER INC$12.0M +54.0%
API GROUP CORP$7.2M +39.4%
TAIWAN SEMICONDUCTOR MANUFAC$6.3M +41.3%
VICOR CORP$6.3M +194.9%

Show all 23 →

Top Trims

NEXGEN ENERGY LTD-$5.5M -19.1%
AMERICAN HEALTHCARE REIT INC-$5.0M -35.5%
DARLING INGREDIENTS INC-$4.4M -37.3%
WELLTOWER INC-$4.2M -42.6%
SYNDAX PHARMACEUTICALS INC-$3.8M -6.4%

Show all 10 →

New Positions

Show all 20 →

Exited Positions

Show all 15 →

Loading…

#	Issuer	Symbol	CUSIP	Value	Δ

KINGDON CAPITAL MANAGEMENT, L.L.C. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

#	Issuer	Symbol	CUSIP	Value	Weight	Shares	Type
1	ISHARES TR Put	SOXX	464287523	$83.3M	8.53%	130,000	SH
2	SYNDAX PHARMACEUTICALS INC	SNDX	87164F105	$54.6M	5.60%	2,500,000	SH
3	NVIDIA CORPORATION	NVDA	67066G104	$48.0M	4.92%	240,000	SH
4	WARBY PARKER INC	WRBY	93403J106	$34.2M	3.50%	1,126,644	SH
5	API GROUP CORP	APG	00187Y100	$25.4M	2.60%	600,000	SH
6	KEYSIGHT TECHNOLOGIES INC	KEYS	49338L103	$24.5M	2.51%	70,000	SH
7	NEXGEN ENERGY LTD	NXE	65340P106	$23.5M	2.40%	2,500,000	SH
8	ISHARES INC Put	EWY	464286772	$23.2M	2.38%	115,000	SH
9	GRAIL INC	GRAL	384747101	$23.2M	2.38%	340,000	SH
10	INVESCO QQQ TR Put	QQQ	46090E103	$22.1M	2.26%	30,000	SH
11	TAIWAN SEMICONDUCTOR MANUFAC	TSM	874039100	$21.5M	2.20%	45,000	SH
12	EVERUS CONSTR GROUP	ECG	300426103	$20.7M	2.13%	125,000	SH
13	HIMS & HERS HEALTH INC	HIMS	433000106	$18.8M	1.93%	542,500	SH
14	SPDR SERIES TRUST Call	KRE	78464A698	$18.7M	1.92%	250,000	SH
15	MAPLEBEAR INC	CART	565394103	$18.0M	1.84%	380,000	SH
16	FLUENCE ENERGY INC	FLNC	34379V103	$17.9M	1.83%	900,000	SH
17	ILLUMINA INC	ILMN	452327109	$17.2M	1.76%	97,800	SH
18	TELEDYNE TECHNOLOGIES INC	TDY	879360105	$16.7M	1.71%	25,000	SH
19	HOWMET AEROSPACE INC	HWM	443201108	$16.1M	1.65%	60,000	SH
20	ISHARES TR Put	IWM	464287655	$15.0M	1.54%	50,000	SH
21	OLEMA PHARMACEUTICALS INC	OLMA	68062P106	$15.0M	1.54%	1,200,000	SH
22	INTUITIVE SURGICAL INC	ISRG	46120E602	$14.8M	1.51%	37,100	SH
23	FLEX LTD	FLEX	Y2573F102	$14.6M	1.49%	90,000	SH
24	COGNEX CORP	CGNX	192422103	$14.5M	1.48%	200,000	SH
25	BUTTERFLY NETWORK INC	BFLY	124155102	$14.3M	1.47%	1,700,000	SH
26	GARRETT MOTION INC	GTX	366505105	$13.6M	1.39%	375,000	SH
27	CYTOKINETICS INC	CYTK	23282W605	$13.4M	1.37%	157,100	SH
28	BROOKDALE SR LIVING INC	BKD	112463104	$12.9M	1.32%	800,000	SH
29	VSE CORP	VSEC	918284100	$12.0M	1.23%	52,500	SH
30	QUANTA SVCS INC	PWR	74762E102	$11.5M	1.18%	16,000	SH
31	ZEVRA THERAPEUTICS INC	ZVRA	488445206	$11.1M	1.14%	775,000	SH
32	RALLIANT CORP	RAL	750940108	$11.0M	1.13%	150,000	SH
33	FEDEX CORP	FDX	31428X106	$11.0M	1.12%	35,000	SH
34	HEICO CORP NEW	HEI	422806109	$10.7M	1.09%	30,000	SH
35	INVESCO EXCH TRADED FD TR II	TAN	46138G706	$10.4M	1.06%	175,000	SH
36	ROUNDHILL ETF TRUST Put	DRAM	77926X320	$10.3M	1.06%	140,000	SH
37	AERCAP HOLDINGS NV	AER	N00985106	$10.2M	1.05%	70,000	SH
38	ITT INC	ITT	45073V108	$9.9M	1.01%	50,000	SH
39	ALIBABA GROUP HLDG LTD	BABA	01609W102	$9.6M	0.98%	100,000	SH
40	ALIBABA GROUP HLDG LTD Put	BABA	01609W102	$9.6M	0.98%	100,000	SH
41	THE REALREAL INC	REAL	88339P101	$9.6M	0.98%	813,000	SH
42	VICOR CORP	VICR	925815102	$9.5M	0.97%	25,000	SH
43	GE AEROSPACE	GE	369604301	$9.3M	0.96%	25,000	SH
44	AMERICAN HEALTHCARE REIT INC	AHR	398182303	$9.1M	0.93%	175,000	SH
45	ENTEGRIS INC	ENTG	29362U104	$9.0M	0.92%	50,000	SH
46	CRANE COMPANY	CR	224408104	$8.9M	0.91%	40,000	SH
47	GENESCO INC	GCO	371532102	$8.2M	0.84%	244,000	SH
48	D R HORTON INC Put	DHI	23331A109	$8.1M	0.83%	50,000	SH
49	WOLVERINE WORLD WIDE INC	WWW	978097103	$8.0M	0.82%	485,000	SH
50	AAR CORP	AIR	000361105	$7.5M	0.77%	52,500	SH

Filing History

Period	Filed	AUM	Holdings	Accession
2026-06-30	2026-08-14	$976.2M	74	0001000097-26-000006
2026-03-31	2026-05-15	$911.0M	67	0001000097-26-000005
2025-12-31	2026-02-17	$841.2M	68	0001000097-26-000002
2025-09-30	2025-11-14	$805.7M	77	0001000097-25-000022

Filer Information

Address

152 WEST 57TH STREET
50TH FLOOR
NEW YORK, NY 10019

Phone

(212) 333-0100

Filing Manager

KINGDON CAPITAL MANAGEMENT, L.L.C.

NEW YORK, NY

Signatory

William Walsh

Chief Financial Officer